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14 Cards in this Set
- Front
- Back
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The Supply Chain System |
System of processes that cut across organizations and deliver customer value, rather than being a series of separate organizations and functions |
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Information Technology Design |
Enables data sharing, communication, and process synchronization |
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Business Process |
A structured set of activities or steps with specified outcomes -Processes involve many organizational functions -Every process has structural and resource constraints limiting output |
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Supply Chain Strategy |
Provides the long-range plan for the supply chain system. two elements support this strategy: -Supply chain network design: physical structure and business processes included in the system -Information Technology design |
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Managing Supply Chain Process: Transactional View |
Focuses on making supply chain processes more efficient and effective based on quantitative metrics |
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Managing Supply Chain Process: Relationship View |
Focused on Managing relationships across the supply chain for long term benefit of all the supply chain members. |
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Vertical Integration vs. Coordination |
Vertical integration: ownership of upstream suppliers and downstream customers. |
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Supply Chain Network |
Two important aspects: -Physical structure of the network -Management of the network |
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Supply Chain Structure |
Three elements define it: 1. Number of companies in the supply chain 2. Structural dimensions of the network 3. Number of process links across the supply chain |
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Supply Chain Network Management |
Not all supply chain branches and links need to be managed equally -Identify and manage key process links across the supply chain -Manage process across the supply chain -Integrate activities into SCM processes |
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Challenges of creating a competitive supply chain network |
Most companies operate in global markets with rapidly changing consumer expectations. Increase in demand by consumers for customized products. To effectively meet these challenges companies are adopting segmented network. |
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Role of Information Technology in SC |
Enables the linking of processes across the supply chain -Enables communication -Provides storage -Organizes info -Provides visibility -Processes data within and between firms |
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Enterprise Resource Planning (ERP) |
Fully integrated computer-based technology used by organizations to manage resources throughout the supply chain. It consolidates all business processes into an enterprise-wide system that: operates in real time, uses a single, centralized database, utilizes a standard format for inputted data, is comprises of modules for business processes. |
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ERP Components |
ERP modules include multiple components designed for specific purpose |
